Description
The learning objectives for this module are:
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To analyse the reasons for the increasing need and demand for healthcare
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To define the term ‘value’, and explore the evolution of its meaning in healthcare
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To distinguish between ‘efficiency’ and ‘value’
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To outline the concept of ‘Triple Value’
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To define the terms ‘waste’, ‘stewardship’ and ‘resources’ and show their importance to the achievement of value
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To highlight the importance of identifying unwarranted variation and the possible reasons for it
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To describe the problems of ‘overuse’ and ‘underuse’ of healthcare interventions
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To explore how personal value and allocative value can be increased
By the end of this module you will be able:
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To identify the ways in which it is possible to mitigate the main factors increasing the need and demand for healthcare
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To distinguish between the economic and the moral meanings of the word ‘value’
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To explain how overuse, and the harm from overuse, is an inevitable consequence of increasing investment in healthcare
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To communicate the three components of the concept of ‘Triple Value’
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To describe resource allocation and distinguish between the different levels of decision that determine the value derived from resources
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To outline the responsibility of clinicians and patient organisations in resource allocation
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To identify the ways in which personal value can be optimised
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To identify the ways in which allocative value can be optimised both between programmes and within programmes
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